Wesbanco Bank Inc. Trims Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Wesbanco Bank Inc. lessened its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 11.0% during the 4th quarter, HoldingsChannel reports. The fund owned 11,743 shares of the exchange traded fund’s stock after selling 1,453 shares during the quarter. Wesbanco Bank Inc.’s holdings in Vanguard Real Estate ETF were worth $1,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. State of New Jersey Common Pension Fund D grew its holdings in Vanguard Real Estate ETF by 465.1% during the third quarter. State of New Jersey Common Pension Fund D now owns 4,585,487 shares of the exchange traded fund’s stock valued at $446,718,000 after purchasing an additional 3,774,000 shares during the period. International Assets Investment Management LLC grew its stake in shares of Vanguard Real Estate ETF by 17,050.2% during the 3rd quarter. International Assets Investment Management LLC now owns 3,574,957 shares of the exchange traded fund’s stock valued at $348,272,000 after acquiring an additional 3,554,112 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Vanguard Real Estate ETF during the 3rd quarter valued at approximately $209,453,000. Victory Capital Management Inc. increased its holdings in Vanguard Real Estate ETF by 834.9% in the 3rd quarter. Victory Capital Management Inc. now owns 925,603 shares of the exchange traded fund’s stock worth $90,172,000 after acquiring an additional 826,601 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Real Estate ETF by 7.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock worth $669,716,000 after acquiring an additional 523,467 shares during the period.

Vanguard Real Estate ETF Price Performance

VNQ opened at $90.40 on Friday. The company has a 50 day simple moving average of $91.99 and a two-hundred day simple moving average of $93.04. The firm has a market cap of $35.58 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58.

Vanguard Real Estate ETF Profile

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.